News & Articles

Dubai International Financial Center, UAE
Dubai International Financial Center: a modern infrastructure and rapid development
Dubai International Financial Center is a new financial structure of the global value.
Today, the UAE is the country of oil sheiks, with a rapid development of getting Dubai World Financial Center. The result of that is a stable economy and effective partnership with capital markets of London, New York and Hong Kong. Analysts believe that United Arab Emirates will be the

Real Estate in Dubai, UAE 2013
Many reputable consulting companies claim that in 2013 would be the significant price increase in all segments of the real estate market in Dubai.
In the past, in 2012, the number of transactions in this investment segment has increased by 65%. And experts predict the further increase, linking it with the gradual economic recovery. Dubai Land Department has not released official figures for 2012 yet, but the year before, in 2011, total transactions amounted to an impressive figure of $ 39

The world largest renewable energy project “Shams1” is opened in UAE
On 17th of March 2013, the largest solar power plant in the world is officially opened in UAE. New energy project Shams 1 is able to generate 100 megawatts of clean and sustainable energy at a cost of the project of Dh 2.2 billion ($600 million) with the sun collectors surface extending over 2.5 square kilometers.
The technology of Concentrated Solar Power plant as well as its parabola shapes means the solar thermal

Cyprus bank crisis. Are the Cyprus banks bankrupt?
How to save money. What to do.Published May 2013. Dubai. UAE.
The world press is full with headlines on the headlines on the banking crisis in Cyprus:
"Banks in Cyprus stopped all account transactions."
"The government of Cyprus announced that deposits up to 100 thousand euros held in local banks would be charged 6.75%, others would be charged 9%. This subject is still under continuous discussions by the tax deductions and its final figures are not

Experts comment on why Lukoil moved to Dubai, UAE:
There are commonly three main reasons why a number of oil companies from different countries including “Lukoil Overseas” move to Dubai, UAE as the place to set up business.
The first reason is that UAE, as you all know, is the oil reach country in the oil rich region which gives additional perspectives to work in the region or to have closer relationships with other oil and oil related companies to participate in business projects in the